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i do not want to kill jobs in this environment. >> let him answer the taxes thing for a moment. >> we had this discussion before. but in order to reduce the deficit, there has to be revenue in addition to cuts. >> gov. romney has ruled out revenue. >> absolutely. the revenue i get is by more people working and getting higher pay and pay more taxes. that is how we balance the budget. the idea of putting more people out of work, you will never get there. you never balance the budget by raising taxes. spain spends 42% of their total economy on government. now spending 42% of our economy of government. i want to go down the plan of growth that puts a americans to work with more money coming in because they are working. >> in order to get the job done, it has to be balanced. >> we have to take a balanced, responsible approach. this is not just when it comes to individual taxes. let's talk about corporate taxes. i have identified areas where we can make a change that i believe would help the economy. the oil industry gets $4 billion a year in corporate welfare. they did deductions that smal
i do not want to kill jobs in this environment. >> let him answer the taxes thing for a moment. >> we had this discussion before. but in order to reduce the deficit, there has to be revenue in addition to cuts. >> gov. romney has ruled out revenue. >> absolutely. the revenue i get is by more people working and getting higher pay and pay more taxes. that is how we balance the budget. the idea of putting more people out of work, you will never get there. you never balance...
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i don't want to kill jobs in this environment. let me make one more point. >> let's let him answer the taxes thing for a moment. >> okay. >> mr. president. >> we've had this discussion before. >> about the idea that in order to do -- to reduce the deficit, there has to be revenue in addition to cuts. >> there has to be revenue in addition to cuts. now, governor romney has ruled out revenue. he has ruled out revenue. >> absolutely. look, the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we balance the budget, but the idea of taxing people more, putting more people out of work, you'll never get there. you never balance the budget by raising taxes. spain spends 42% of their total economy on government. we're now spending 42% of our economy on government. i don't want to go down the path to spain. i want to go down the path of growth that puts americans to work with more money coming in because they're working. >> but, mr. president, you're saying in order to get it --
i don't want to kill jobs in this environment. let me make one more point. >> let's let him answer the taxes thing for a moment. >> okay. >> mr. president. >> we've had this discussion before. >> about the idea that in order to do -- to reduce the deficit, there has to be revenue in addition to cuts. >> there has to be revenue in addition to cuts. now, governor romney has ruled out revenue. he has ruled out revenue. >> absolutely. look, the revenue i...
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Oct 6, 2012
10/12
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but we've seen that mitt romney can do quite well in a debate, in a controlled environment where he's had a lot of time to practice, where he's had an opportunity to sort of think a lot about what he wants to say and frame his arguments and he went out and delivered. but now he's going to have to go out there and defend those arguments, going to have to go out on the stump and talk to people, talk to reporters. again, articulate the vision that john was talking about which he's been unable to do. we'll see if he's able to take that performance out of a controlled environment and i think the onus is on the president as well. he certainly came out swinging yesterday and did a lot of things people wished he had done at the debate on wednesday night, but he's going to have to make the same argument. >> well, the next two debates will be fascinating, as will the vp debate. for now, thank you both very much. >>> coming up, education was a key part of the debate the other night but can you save our schools? we meet the man who is trying to do that. [ male announcer ] this is joe woods' first
but we've seen that mitt romney can do quite well in a debate, in a controlled environment where he's had a lot of time to practice, where he's had an opportunity to sort of think a lot about what he wants to say and frame his arguments and he went out and delivered. but now he's going to have to go out there and defend those arguments, going to have to go out on the stump and talk to people, talk to reporters. again, articulate the vision that john was talking about which he's been unable to...
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. >> this is segment 3 on the economy, environment. the first answer goes to you, mr. president. there is the major difference in your view on social security? >> we have a somewhat similar position. social security is structurally sound.+ pt will have to be tweaked the way was by ronald reagan and tip o'neill, but it is structurally sound. i want to talk about the values behind social security and medicare. my grandmother helped raise me. my grandfather died awhile back. my grandmother died three days before i was elected president. she only had a high school education, started as a secretary and ended up being the vice president of a local bank. she ended up living alone, by choice. the reason she could be independent was because of sscial security and medicare. she had worked all her life, put in the money, and understood there was a basic area of helping the poor.%+ that is what i think of when i think of entitlement. the name itself imply some sense of dependency on theepart of the spokess there are millions of people out there who are counting on this. my approach is to say
. >> this is segment 3 on the economy, environment. the first answer goes to you, mr. president. there is the major difference in your view on social security? >> we have a somewhat similar position. social security is structurally sound.+ pt will have to be tweaked the way was by ronald reagan and tip o'neill, but it is structurally sound. i want to talk about the values behind social security and medicare. my grandmother helped raise me. my grandfather died awhile back. my...
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Oct 5, 2012
10/12
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maybe it won't be so easy in a town hall environment, the president will probably overreact. he was angry today, he called romney a liar, petulant. he is arrogant. he has never taken a punch. he is used to hail to the chief and i'm great, etsetra. i think, it wasn't just style, it was substance. it was a deep, deep knowledge that he showed on the economy, on the deb, on the deficit, on health care. every issue that came up. and obama stammering, stambling, without that teleprompter, this guy is lost. this is a myth that was shattered last night. he was reduced in 90 minutes, before the american people, i felt. >> yeah. that's because romney had a clarity of purpose, a clarity of mind, a clarity of principles that we know that obama has lacked for a long, long time. i think that going forward now, there is now an extra burden on these liberal journalists to do-- >>> not going to happen. >> a lot of the left thought that jame lehrer failed at. i think that's what romney and ryan vato brace for. there will be a town hall format. from my recollection of covering the last several
maybe it won't be so easy in a town hall environment, the president will probably overreact. he was angry today, he called romney a liar, petulant. he is arrogant. he has never taken a punch. he is used to hail to the chief and i'm great, etsetra. i think, it wasn't just style, it was substance. it was a deep, deep knowledge that he showed on the economy, on the deb, on the deficit, on health care. every issue that came up. and obama stammering, stambling, without that teleprompter, this guy is...
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Oct 4, 2012
10/12
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>> well, there is a target rich environment. the president has a dismal record there. tonight talking about domestic policy hard for the president to defend his position there's is a record which makes it very difficult for him to defend. looking at the cost of gasoline which is double. health care, up 30% and college tuition up 35%. incomes having gone down z there is a shift there is a same set of circumstances there is tumult in places like the middle east and a president whose policies are perceived around the world as weak and ineffective. and this is an area people might perceive governor romney not as experienced in i think he has a great opportunity to make foreign policy decisions. >> up next our famous political panel who. did they think put more points on the board? you have to hear what they very v.to say, and you will, they're next. >> my plan has five parts. one gives us energy independence. and that creates about four million jobs number two... open up more trade for latin america, crack down on china 1k3 make sure our people have the skills they need to
>> well, there is a target rich environment. the president has a dismal record there. tonight talking about domestic policy hard for the president to defend his position there's is a record which makes it very difficult for him to defend. looking at the cost of gasoline which is double. health care, up 30% and college tuition up 35%. incomes having gone down z there is a shift there is a same set of circumstances there is tumult in places like the middle east and a president whose...
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Oct 4, 2012
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i don't want to kill jobs in this environment. let me make one more point -- >> jim: let's let him answer the tacks thing for a moment. >> okay. >> well, we have had -- >> jim: about the idea in order to reduce the deficit, there has to be revenue in addition to cuts. >> governor romney has ruled out revenue -- [overlapping dialogue] >> the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we balance the budget. but the idea of taxing people more, putting more people out of work, you will never get there. you never balance the budget by raising taxes. spain -- spain spends 42% of their total commo government. >> jim: okay. >> we are spenning 42% of our economy on government. i don't want to go down the path to spain. i want to go down the path of growth that puts americans to work with more money coming in because they are working. >> jim: but, mr. president, you are saying, in order to get the job done, it has to be balanced -- >> if we are serious, we have to take a
i don't want to kill jobs in this environment. let me make one more point -- >> jim: let's let him answer the tacks thing for a moment. >> okay. >> well, we have had -- >> jim: about the idea in order to reduce the deficit, there has to be revenue in addition to cuts. >> governor romney has ruled out revenue -- [overlapping dialogue] >> the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we...
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Oct 9, 2012
10/12
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>>neil: it is tough to succeed in that environment when you are of a political tripe. >>guest: they are afraid they will be blacklisted from movies and never get work again. i commend her for coming out and being courageous. it and the tolerance of the intolerant i like to call it. a lot of people are tolerating intolerance. this is a lesson for voters. especially young voters. this is what happens when you come out and you try and endorse someone on the right especially as a william, you are called all the nasty names. it doesn't play well with the republican war on women argument. >>neil: look forward to it. >> this just in, gallup has mitt romney is up, leading the president across the country. four weeks out, making a battle of it in one very super crucial state in this country. customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'
>>neil: it is tough to succeed in that environment when you are of a political tripe. >>guest: they are afraid they will be blacklisted from movies and never get work again. i commend her for coming out and being courageous. it and the tolerance of the intolerant i like to call it. a lot of people are tolerating intolerance. this is a lesson for voters. especially young voters. this is what happens when you come out and you try and endorse someone on the right especially as a...
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. it is now 11:00 p.m. here on the east coast. 8:00 out west and you're watching msnbc's continuing coverage of the first presidential debate of the 2012 election. just about half an hour ago, president obama and republican challenger mitt romney wrapped up a 90-minute debate that covered not at all a wide range of topics. limited to domestic politics. we knew tonight but basically these guys talked about sunday morning beltway show favorites like "similarson bowls" and medicare and social security but left out a lot of other big domestic issues that have been major political issues including immigration, women's rights, specific
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. it is now 11:00 p.m....
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dioxin remains in the environment for many decades and causes a variety of health problems. several million vietnamese and american soldiers who fought in vietnam were affected by agent orange. their children and grandchildren continue to suffer the affects. dioxin remains in the soil of vietnam today and the land has yet to recover. but i haven't met the tween one nine hundred sixty six and sixty eight a lot of chemical was sprayed into wrong so on mountains and along the border with lawyers and told. that they did it might get a four then the hills were covered with large trees that yeah. thank. all those. that don't want libya after the chemicals were sprayed all the trees died from truong saw into acquiring tree wow for one thing i've been going on i'm not knocking we used to have many precious animals in this area we have a little bit you know actually i don't. know why. they were elephants and tigers bears and lions i want to find out if they can make it on my back i got through i could tell they were precious birds including peacocks. of my own. being much how i want
dioxin remains in the environment for many decades and causes a variety of health problems. several million vietnamese and american soldiers who fought in vietnam were affected by agent orange. their children and grandchildren continue to suffer the affects. dioxin remains in the soil of vietnam today and the land has yet to recover. but i haven't met the tween one nine hundred sixty six and sixty eight a lot of chemical was sprayed into wrong so on mountains and along the border with lawyers...
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Oct 3, 2012
10/12
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creating an environment in which the two will be able to challenge one another. every detail here set for tonight, both campaigns flipping a coin. the president will be introduced first, he'll get the first question. the romney campaign winning the toss on closing arguments. governor romney will get the final word tonight. even a coin toss over the wives. mrs. romney will be introduced first. both wives playing the role of debate partner. mrs. romney telling cnn it's been her most important role during the campaign. >> it's a cute thing that he does, almost after every answer. he finds me in the audience. the first thing he does on stage, he takes off his watch, he puts it on the podium. but then he writes "dad." >> reporter: romney's father, who also ran for president. and the first lady acknowledging her own nerves. >> i get so nervous at these debates, and, i'm like one of those parents watching their kid on the balance beam. you just are standing there, trying not to, you know, have any expression at all. >> reporter: advice that comes on the same day they ma
creating an environment in which the two will be able to challenge one another. every detail here set for tonight, both campaigns flipping a coin. the president will be introduced first, he'll get the first question. the romney campaign winning the toss on closing arguments. governor romney will get the final word tonight. even a coin toss over the wives. mrs. romney will be introduced first. both wives playing the role of debate partner. mrs. romney telling cnn it's been her most important...
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Oct 8, 2012
10/12
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that is a target-rich environment and i think he should take the targets. >> what kind of vibe do you expect? >> aggressive biden. >> shameless plugs? >> i'm going to plug eli lake, all over this libya story. >> yes, he has. >> another one today on information that e-mails come paining about the security of the embassy there. he's a must read every day. >> security situation and all fingers point to the state department. >> i'm going to be original and plug dean progress at 150,000 -- 160,000 followers and hoping for to 0,000. >> twitter? >> yes. i'm on twitter. on twitter. >> help you with the plug. >> issues week of "the washington post" every day we're doing a big take-out two pages on the differences between the candidates on the issues. >> today is? >> economy. >> thank you very much. that's it for this edition of "the daily rundown. "tomorrow, four weeks until election day and another way to show off bells and whistles but we have something new. the new decision act. bye-bye. >>> this is your business travel forecast. chilly air will continue to sit there and with sunshine in th
that is a target-rich environment and i think he should take the targets. >> what kind of vibe do you expect? >> aggressive biden. >> shameless plugs? >> i'm going to plug eli lake, all over this libya story. >> yes, he has. >> another one today on information that e-mails come paining about the security of the embassy there. he's a must read every day. >> security situation and all fingers point to the state department. >> i'm going to be...
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Oct 4, 2012
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and an environment that is favorable for business is actually an environment where business will create jobs. how that's going to go over? >> it won't go over well, he hasn't had a real plan so far. these are about real people's lives. he's got a tougher job i think than the president tonight. because most people because of his comments whether he realizes it or not, he's lived a privileged life. and he doesn't understand common workers, what we go through every day. so he's got a tough job to make people let them know that he does understand what they go through. if he can do that, he'll have a good night. if he can't, i don't think the zingers are going to matter. because big problems require big solutions not bumper sticker answers. >> of course we know the relationship between white house and labor has not always been rosy over the last four years. is there something the president also needs to say to impress you? >> again, it's not what he says to me but what really american workers need. and that's a serious, serious commitment and a real plan to create jobs and right the economy.
and an environment that is favorable for business is actually an environment where business will create jobs. how that's going to go over? >> it won't go over well, he hasn't had a real plan so far. these are about real people's lives. he's got a tougher job i think than the president tonight. because most people because of his comments whether he realizes it or not, he's lived a privileged life. and he doesn't understand common workers, what we go through every day. so he's got a tough...
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how will you create jobs and all of this environment. and still all the things that you want to do. just doesn't add up. that is very point that the president made last night. it doesn't add up. >> what mitt romney said last night when he was governor he worked with a democrat house and senate he will work across party lines to make things happen. just not the president that makes things happen. you have to work together. that is how our forefathers meant it. president obama when he had his democrat house and senate he got everything he wanted and still his policies failed. but mitt romney has been proven to make things happen and make things greater. jon: angela -- >> i'm glad you said that please tell your folk on capitol hill. that is exactly what we need in washington right now. which need both parties working together to move us forward. >> maybe need to help obama with communications so he can do better in the next debate. jon: there is a compliment for you. cory, an gell last, thank you both. >> thank you. >> thank you, jon. jenna: some new details about an al qaeda terrorist
how will you create jobs and all of this environment. and still all the things that you want to do. just doesn't add up. that is very point that the president made last night. it doesn't add up. >> what mitt romney said last night when he was governor he worked with a democrat house and senate he will work across party lines to make things happen. just not the president that makes things happen. you have to work together. that is how our forefathers meant it. president obama when he had...
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technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. i've heard of it, but i haven't seen one up close. what's the word around the sink. that it removes 3x more soap scum per swipe and it came from outer space. it is not from outer space! no, man, it's from outer space! they're aliens, on an intergalactic cleanliness mission. they're here to clean up the universe. everybody's in on the cleanspiracy, man. i can't even trust myself. [ male announcer ] for an out-of-this-world clean, there's mr. clean magic eraser bath scrubber. and try new mr. clean bath spray with shine shield for a shine that lasts up to 7 days. and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone
technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. i've heard of it, but i haven't seen one up close. what's the word around the sink. that it removes 3x more soap scum per swipe and it came from outer space. it is not from outer space! no, man, it's from outer space! they're aliens, on an intergalactic cleanliness mission. they're here to clean up the universe. everybody's in on the cleanspiracy,...
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the question is, how are they putting their money to work in today's environment? and how are clients allocating capital today? joining me now in a cnbc exclusive are two people at the forefront of those decisions. quinton price and robert kapito, the president of black rock. gentlemen, good to have you on the program. thank you so much for joining us. let me start with quinton, since i don't think you've been with us before. nice to have you on the program. you are the global head of the alpha strategies group. really, a global opportunity for allocating capital. to what do you attribute the rally today? was it the ecb, do you think? was it the election last night? what's going on? the debate, rather. >> europe has been driving the market for months. ever since draghi made his comments, going back two months, we've seen confidence flowing back into equities. we've removed the downside risk for markets. i think that's continued. i think people have got confidence back from last week and we're seeing a number of, you know, good reports of pick up in china and stuff
the question is, how are they putting their money to work in today's environment? and how are clients allocating capital today? joining me now in a cnbc exclusive are two people at the forefront of those decisions. quinton price and robert kapito, the president of black rock. gentlemen, good to have you on the program. thank you so much for joining us. let me start with quinton, since i don't think you've been with us before. nice to have you on the program. you are the global head of the alpha...
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Oct 7, 2012
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fit is neutral environment. maybe maybe not. right now we got momentum. boy the way both cook, two of washington premier political pundits just upgraded us. they acknowledged that we have some momentum. they are saying it may be between zero seats and ten seats, but they acknowledged that we have more races in play. how do you define victory forc yourself this cycle will it be if you win ten seats or will it be if you retake the chamber? >> i define victory by simply winning. and my job as chairman of the dccc to win as many as we can in the environment we are competing in. will not get involved in. it is it single digits, is it majority? my job is to just put as many in play as we can. exploit our opponent's weaknesses, cap capitalize on the strength. i tell you, we're in a heck of a lot better position now, 30 days out, than we were a year and a half ago when we began this campaign. >> congressman, we have presidential debate this week. i think a lot of analysts thought that governor romney had a strong performance. how do you think president obama's p
fit is neutral environment. maybe maybe not. right now we got momentum. boy the way both cook, two of washington premier political pundits just upgraded us. they acknowledged that we have some momentum. they are saying it may be between zero seats and ten seats, but they acknowledged that we have more races in play. how do you define victory forc yourself this cycle will it be if you win ten seats or will it be if you retake the chamber? >> i define victory by simply winning. and my job...
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Oct 4, 2012
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> the first debate in the books, president obama and mitt romney are back on the campaign trail today. the president left colorado today and travelled to wisconsin. then on to virginia and ohio for mr. romney. mitt romney's campaigns in virginia and then florida. monday he's expected, as he said, to start filling in the policy details with the first of several speeches starting with foreign policy. we'll be right back. [ male announcer ] if you had a dollar for every dollar car insurance companies say they'll save you by switching, you'd have like, a ton of dollars. but how are they saving you those dollars? a lot of companie
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> the first...
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hear it a lot and around the network, all the other cable networks, we argue day-to-day in a war room environment. we know what each side is saying and we're always aware of the points and we know what romney is saying day-to-day. it seemed like all three people was not aware of what romney was saying day-to-day and one was well aware but he didn't want to bring it up. like nothing happened tonight in the world we were living in. >> so it was understandable that romney would be selective about which of his positions hold 'em size which he would conveniently forget and which he would, frankly, reverse in mid debate. but if you can do that, if you can get away with it, i understand why he did it. he was allowed to. >> he just said -- how does this appeal to the right wing 37 this is health care. the president says, if nothing else happens to this president we know for health care this is what he did. here's what the chamger said tonight -- if i'm elected we won't have to rephrase obama care. we'll have the kind of principals i put in place in my own state. what does that mean? >> it means from his
hear it a lot and around the network, all the other cable networks, we argue day-to-day in a war room environment. we know what each side is saying and we're always aware of the points and we know what romney is saying day-to-day. it seemed like all three people was not aware of what romney was saying day-to-day and one was well aware but he didn't want to bring it up. like nothing happened tonight in the world we were living in. >> so it was understandable that romney would be selective...
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technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. gerri: just over a month before the election and now many are crying foul when it comes to media coverage saying there is an obvious bias in favor of the president. what you think, is the media biased? here's what you said, 98% said yes, there is beauty 2% said no. finally, another example of waste fraud and abuse in washington. according to the congressional research service, millionaires are collecting unemployment benefits. nearly 2400 of them, in fact. it is not just millionaires. 950,000 people earning six figures also took home benefits. welfare for the wealthy. getting rid of this mistake may only be a drop in the bucket when it comes to trillion dollars deficit but every little bit counts.
technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. gerri: just over a month before the election and now many are crying foul when it comes to media coverage saying there is an obvious bias in favor of the president. what you think, is the media biased? here's what you said, 98% said yes, there is beauty 2% said no. finally, another example of waste fraud and abuse in washington. according to the...
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for business, for business, it's not a good environment. there's no reason for any businessman out there to want to grow his business, advance his business, hire more people, create more problems. obamacare will be a major problem for business. let me bring something up to you, neil. you asked what i think they should be talking aboutment one of the things that romney should be talking about, which i heard your program yesterday, you were talking about the price of gas, and you said the american people, they got used to it. i'm a retailer. i'll tell you that i lived through cycles. for instance, whenever there was a problem with copper, we had to raise prices in the store for wiring and everything else. if there was a problem in the lumber area, we would have to raise prices because you have to make up for the cost of demand. right now, the price of gas is causing a price increase across the board, and when obama talks about the middle class and protecting the 47%, let's use the 47%, the truth is in retail business, this is has an effect on
for business, for business, it's not a good environment. there's no reason for any businessman out there to want to grow his business, advance his business, hire more people, create more problems. obamacare will be a major problem for business. let me bring something up to you, neil. you asked what i think they should be talking aboutment one of the things that romney should be talking about, which i heard your program yesterday, you were talking about the price of gas, and you said the...
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important i think the chinese buyers in time i think they will become a little bit like the in the environs who are quite price sensitive and they will tend to buy on dips and i think they will fundamentally smart to support this marketplace in the coming years that's interesting i want to continue on that because the broader trend you're talking about is that these countries have been buying gold but recently we've seen a significant slowdown in demand from china and from india perhaps because their economies have weakened so if their economies continue to weaken is this could you see this major driver of demand not being there to the extent that perhaps you or others were expecting. no i wouldn't think so and there is some speculation that that may transpire but i wouldn't think that is the case because if their economy slowed down and you're seeing that quite significantly in china already their economy has slowed down quite a bit already their stock market has come off very very sharply in recent months and indeed the property markets in different cities around china are beginning to fa
important i think the chinese buyers in time i think they will become a little bit like the in the environs who are quite price sensitive and they will tend to buy on dips and i think they will fundamentally smart to support this marketplace in the coming years that's interesting i want to continue on that because the broader trend you're talking about is that these countries have been buying gold but recently we've seen a significant slowdown in demand from china and from india perhaps because...
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clearly those industries would be operating under a very different environment. >> don i'm going to ask you the same question? do you have a different investment strategy and president obama than president romney. >> complete fork in the road. this is a no-brainer. you don't even have to drill down to the sector level. all about the fiscal cliff. if romney is elected president, we're not going to have a short-term fiscal cliff problem because he's not going to veto extending the bush tax cuts. and the republicans aren't going to give him so hard a time hiking the debt ceiling. if obama is elected, he has said over and over he will veto any extension of the bush tax cuts that includes extending the tax cuts for the rich. the house, on the other hand, insists on all the tax cuts being extended. if they can't agree, all tax cuts go away. 5% of disposable personal income is ripped from the economy. the republicans take their vengeance by not raising the debt ceiling. we are back in a great recession mid january. which this country can't take. we can't take it. >> we've wasted all our recove
clearly those industries would be operating under a very different environment. >> don i'm going to ask you the same question? do you have a different investment strategy and president obama than president romney. >> complete fork in the road. this is a no-brainer. you don't even have to drill down to the sector level. all about the fiscal cliff. if romney is elected president, we're not going to have a short-term fiscal cliff problem because he's not going to veto extending the...